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  1. leong30
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  3. Friday, 08 June 2018
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So friends, can we start the discussion about Currencies?

Currencies are the most popular and easy medium for trading. Who and why do love which currency can explain here, all the wise and idiotic thoughts are welcome from all:D
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Currencies are very easy for trading, traditional and modern, anyhow, I recommend commodities and stocks rather than currencies, as because I am habituated from the beginning dealing with the above stated particles:D
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I always trade in 'Bitcoin':D
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The best option for dealing with currencies is 'Bitcoin':D
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Malaysia Industrial Production Growth Slows As Expected

Malaysia's industrial production growth eased in May, in line with expectations, data from the Department of Statistics showed Thursday.

Industrial production advanced 3.0 percent year-over-year in May, slower than the 4.6 percent rise in April.

Among sectors, manufacturing output grew 4.1 percent annually in May and electricity production expanded by 2.6 percent. Meanwhile, mining output registered a decline of 0.5 percent.

On a monthly basis, industrial production edged up 0.2 percent from April, when it climbed by 1.5 percent.

Another report from the statistical office showed that manufacturing sales rose 5.5 percent yearly in May, following a 8.2 percent spike in the preceding month.

The material has been provided by TenkoFX Company - https://www.tenkofx.com
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A new name in the currency world is 'Bitcoin':D
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1. EUR/USD (Euro – US dollar)
2. USD/JPY (US dollar – Japanese yen)

The above-mentioned currency pairs are my best ones:D
What's your choice?:D
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Not surprisingly, the most dominant and strongest currency, as well as the most widely traded, is the US dollar. The reason for this is the size of the US economy, which is the world's largest. The US dollar is the preferred reference in most currency exchange transactions worldwide. It is the dominant reserve currency of the world. The following are not necessarily the best Forex pairs to trade, but they are the ones that have high liquidity and occupy the most foreign exchange transactions:

1. EUR/USD (Euro – US dollar)
2. USD/JPY (US dollar – Japanese yen)
3. GBP/USD (British pound – US dollar)
4. AUD/USD (Australian dollar – US dollar)
5. USD/CHF (US dollar – Swiss franc)
6. USD/CAD (US dollar – Canadian dollar)

What about your say?:D
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Most volatile currency pairs: GBP/JPY, EUR/NZD and GBP/AUD:D

Least volatile currency pairs: EUR/GBP, NZD/USD and EUR/CHF:D
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Nowadays, You can trade EUR/USD safely. As it is strictly following Pivot, support, resistant lines with moving average trend storyteller.
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